Second Settlement Check definition

Second Settlement Check means a negotiable check to be sent to Settlement Class Members that cash Initial Settlement Checks, dividing the Remaining Funds on a pro rata basis.
View Source

Examples of Second Settlement Check in a sentence

  • If some Settlement Class Members do not cash the Initial Settlement Check, those uncashed funds will be distributed equally in a Second Settlement Check to all Settlement Class Members who did cash their first check.

  • The Settlement Administrator will issue a Second Settlement Check constituting a pro rata share of the Remaining Funds to all Settlement Class Members who cashed their Initial Settlement Checks.

Related to Second Settlement Check

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.